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Brookfield

5M over-view, rendering by Steelblue courtesy Brookfield Properties

Grand Opening for San Francisco’s Newest Mixed-Use Development with 5M in SoMa

Brookfield’s 5M is officially open. The ribbon-cutting event was held yesterday, with San Francisco Mayor London Breed and other speakers in attendance. For over a decade, the project has been in the works to replace four acres of surface parking with the city’s newest office tower, a 302-unit apartment complex, a park, and adaptive reuse of historic buildings. 5M, named for the adjacent intersection of 5th and Mission Street in SoMa, is a joint development with Brookfield and Hearst.

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Stonestown Mall plaza, illustration courtesy Brookfield

PPA Published for $2 Billion Stonestown Redevelopment, San Francisco

San Francisco has published their first review of the Stonestown Development Project. The planning department has published their Preliminary Project Assessment (PPA), kickstarting the multi-year entitlement process between the City and the project developer, Brookfield Properties. As it stands, the project aims to replace over two dozen acres of surface parking around the mall with thousands of homes, new shops, office space, a hotel, and public parks.

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5M office tower at 415 Natoma Street and the former SF Chronicle building, image by Andrew Campbell Nelson

Facade Installation Nearly Finished for 5M Phase One, SoMa, San Francisco

A year after SFYIMBY first covered San Francisco’s only new office tower to be delivered in 2021, construction work is wrapping up at 5M on 415 Natoma Street and 434 Minna Street in SoMa. Located by the 5th and Mission Street intersection, Brookfield is readying the new office tower and residential tower, expanding the high-rise plateau southwest of the Yerba Buena Gardens and Moscone Center. Brookfield and Hearst are jointly responsible for the billion-dollar project.

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